10-year yield seen between 8.50-8.60% range: Ramanathan K

Expect the 10-year benchmark to trade in the range of 8.50-8.60 percent, says Ramanathan K, CIO, ING Investment Management.

August 20, 2014 / 08:58 IST

Ramanathan K, CIO, ING Investment Management said, "Expect the market to remain rangebound given the sharp pullback in yields due to lower global oil prices and reduction in Government borrowing programme. Expect the 10-year benchmark to trade in the range of 8.50-8.60 percent."

first published: Aug 20, 2014 08:58 am

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